Vlad Tenev: Robinhood Chain perpetual contract achieves daily transaction of $1 billion

[Binance Futures to Delist Certain Perpetual Contracts on October 5] Binance Futures will automatically settle and delist the PROMPTUSDT, PUMPBTCUSDT, and 1000000BOBUSDT perpetual contracts at 17:00 (UTC+8) on October 5, 2026. Users are required to close their positions by 16:30 (UTC+8).

Binance contracts will automatically liquidate and delist PROMPTUSDT, PUMPBTCUUSDT, and 1000000BOBUSDT U-based perpetual contracts on October 5, 2026 at 16:30 (UTC+8). (Source: Official Announcement)

Florida has added a new chapter, § 658.997, which will take effect immediately and fall under the GENIUS Act framework. Trust companies issuing payment stablecoins in this state must apply for an approval certificate, and financial regulatory agencies will make a decision within 120 days. Federal and foreign qualified issuers are exempt, and compliant stablecoins are not considered securities. Issuers with an issuance size of $10 billion must become federally regulated or cease issuance within 360 days. The minimum prudential requirements include a 1:1 reserve ratio, disclosure of redemption policies, monthly disclosure of reserve composition, and CEO/CFO monthly certification. (Source: Florida Legislature official website)

Binance contracts will be delisted from multiple USD Ⓢ - M perpetual contracts on October 5, 2026. The purpose of this delisting is to adjust the contract trading products. Users need to pay attention to the delisting time and position risk of relevant contracts. （BWEnews）

The Binance contract will close all positions in PROMPTUSDT, PUMPBTCUUSDT, and 1000000BOBUSDT U-based perpetual contracts and automatically settle on October 5, 2026 at 17:00 (UTC+8). After settlement is completed, the above-mentioned contracts will be delisted. Starting from 16:30 (UTC+8) on October 5, 2026, users will not be able to create new non reduced warehouse orders for the aforementioned contracts.